Future Business Journal

Table 5 Unit root results

From: Ecological footprint and human well-being nexus: accounting for broad-based financial development, globalization, and natural resources in the Next-11 countries

Variables	Level		First difference
Variables	CIPS	CADF	CIPS	CADF
EF (log)	− 2.564	11.23	− 5.186^a	17.67^b
NR	− 1.876	13.56	− 4.654^a	22.43^a
FD (log)	− 1.342	12.67	− 3.287^a	16.34^a
UB	− 1.345	10.32	− 2.768^a	15.56^b
BI (log)	− 1.416	15.89	− 5.199^a	18.32^a
GB (log)	− 2.561	10.45	− 3.167^b	15.45^b
HD (log)	− 1.632	16.98	− 4.867^a	19.42^b

^a,bImply statistical significance at the 1% and 5% levels, respectively

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